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Addendum announcement from Tihama Advertising, Public Relations and Marketing Company regarding the Board of Directors resolution to allocate an amount of 75 million riyals to invest in government funds specialized in the Media sector.
| Element List | Explanation |
|---|---|
| Introduction | Addendum announcement from Tihama Advertising, Public Relations and Marketing Company regarding the Board of Directors resolution to allocate an amount of 75 million riyals to invest in government funds specialized in the Media sector. |
| Date of Posting the Previous Announcement of Development on Tadawul's Website | 2023-05-28 Corresponding to 1444-11-08 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Further to the company's announcement on the Tadawul website on 08-11-1444 H corresponding to 05-28-2023 G, regarding the Board of Directors' decision dated May 28, 2023 G, to allocate an amount of 75 million riyals to invest in government funds specialized Media Sector. The company would like to clarify to the shareholders that no investment has yet been made in the funds, as the process of implementing the investment plan described in the Board's decision will be in accordance with the financial reorganization procedures. |
| Financial Impact on the change | None |
| Additional Information | None |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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